LETTER: Get rid of ICBC

If we don’t want our ICBC basic insurance rates to increase 42 per cent over the next five years, then lets demand this government eliminate ICBC by 2018.

ICBC says 42 per cent is a worst-case situation. ICBC has already paid this government over $1.2 billion from ICBC optional insurance over the past few years, therefore resulting in ICBC being a cash cow for this government.